M/S. L.B. KUNJIR,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 7, PUNE, PUNE

In the result, the two appeals filed by the assessee are allowed and the three appeals filed by Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

76,525/- in subsequent assessment years which shall be in contradiction to the provisions of section 115BBE(2) of the Act. The provisions of section 115BBE(2) are quite clear that no deduction is allowed against deemed income added u/s 68

DCIT, PUNE vs. L B KUNJIR, PUNE

In the result, the two appeals filed by the assessee are allowed and the three appeals filed by Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

76,525/- in subsequent assessment years which shall be in contradiction to the provisions of section 115BBE(2) of the Act. The provisions of section 115BBE(2) are quite clear that no deduction is allowed against deemed income added u/s 68

DCIT CIRCLE 7, BODHI TOWER SALISBURY PARK vs. L B KUNJIR, PUNE

In the result, the two appeals filed by the assessee are allowed and the three appeals filed by Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

76,525/- in subsequent assessment years which shall be in contradiction to the provisions of section 115BBE(2) of the Act. The provisions of section 115BBE(2) are quite clear that no deduction is allowed against deemed income added u/s 68

M/S. L.B. KUNJIR,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 7, PUNE, PUNE

In the result, the two appeals filed by the assessee are allowed and the three appeals filed by Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

76,525/- in subsequent assessment years which shall be in contradiction to the provisions of section 115BBE(2) of the Act. The provisions of section 115BBE(2) are quite clear that no deduction is allowed against deemed income added u/s 68

TARA CONSTRUCTIONS ,PUNE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-5, PUNE

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Dr.Manish Borad & Shri Vinay Bhamore

76,91,876/- to the total income of the Appellant under section 68 of the Act. The addition so made

JAIBHAGWAN BANARASIDAS JINDAL,JALNA vs. THE INCOME TAX OFFICER, WARD-1, JALNA

In the result, the appeal filed by the assessee is allowed

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2016-17

section 68 without bringing on record any material or evidence to prove that the long term capital gain declared by the Appellant is an accommodation entry against which appellant paid cash. 13 11. The Ld. Counsel for the assessee strongly challenged the order of the Ld. CIT(A) / NFAC in confirming the validity of re-assessment proceedings as well

HEM KIRAN DIESELS,,KOLHAPUR vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of assessee are dismissed

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.436/Pun/2014 यििाारण वषा / Assessment Year : 2008-09 V J & Sons, 1227 E Ward, Rajaram Road, अऩीऱाथी/Appellant Kolhapur – 416008 …. Pan: Aabfv0324M Vs. The Dy. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Central Circle, Kolhapur

section 68 of the Act. The assessee before us has filed chart evidencing the amount received but has not clarified the date on which the said 14 V J & Sons & Anr. amount was received, though it is not disputed that it was received during financial year 2007-08. Again in the chart, date of cheque is not mentioned

V J & SONS,,KOLHAPUR vs. DEPUTY COMMISSIONER OF INCOME-TAX,, KOLHAPUR

In the result, both the appeals of assessee are dismissed

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.436/Pun/2014 यििाारण वषा / Assessment Year : 2008-09 V J & Sons, 1227 E Ward, Rajaram Road, अऩीऱाथी/Appellant Kolhapur – 416008 …. Pan: Aabfv0324M Vs. The Dy. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Central Circle, Kolhapur

section 68 of the Act. The assessee before us has filed chart evidencing the amount received but has not clarified the date on which the said 14 V J & Sons & Anr. amount was received, though it is not disputed that it was received during financial year 2007-08. Again in the chart, date of cheque is not mentioned

RAJENDRA MOHANLAL AGRAWAL,JALNA vs. INCOME TAX OFFICER, WARD-1, JALNA, JALNA

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2017-18

76,000/- was also found at the time of survey which was more than the cash as per books of account by an amount of Rs.9,51,000/-. The assessee disclosed the amount of excess stock of Rs.21,49,000/- and excess cash of Rs.9,51,000/- for taxation as additional income over and above the regular income

RAHUL NEMGONDA PATIL,KOLHAPUR vs. INCOME TAX OFFICER, ICHALKARANJI

In the result, the appeal of the assessee is partly allowed for\nstatistical purposes

section 68 of the Act\nas unexplained cash credit. He, however, contended that the addition\nshould be restricted only to peak credit to the extent of Rs.15,27,000/-.\nHe argued that bringing to tax the gross amount of cash deposits would\nresult in double taxation of the same income as the amounts withdrawn\nwould be always available against

DCIT, CENTRAL CIRCLE-1, AURANGABAD, AURANGABAD vs. SMT. ASHA BHAGWANRAO KADAM, PUNE

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

SMT ASHA BHAGWANRAO KADAM,PUNE vs. DCIT CENTRAL CIRCLE 1, PUNE

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

SMT ASHA BHAGWANRAO KADAM,PUNE vs. DCIT CENTRAL CIRCLE 1, AURANGABAD

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

SMT ASHA BHAGWANRAO KADAM,PUNE vs. DCIT CENTRAL CIRCLE 1, AURANGABAD

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

SMT ASHA BHAGWANRAO KADAM,PUNE vs. DCIT CENTRAL CIRCLE 1, AURANGABAD

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

DCIT, CENTRAL CIRCLE-1, AURANGABAD vs. SMT. ASHA BHAGWANRAO KADAM, PUNE

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

DCIT, CENTRAL CIRCLE-1, AURANGABAD vs. SMT. ASHA B. KADAM, PUNE

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity

SMT ASHA BHAGWANRAO KADAM,PUNE vs. DCIT CENTRAL CIRCLE 1, AURANGABAD

In the result, all the appeals filed by the Revenue as well as the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Ms. Astha Chandrait(Ss)A Nos.39 & 40/Pun/2024 Assessment Year : 2019-20

76,910/-. A search action u/s 132 of the Act was conducted in Disha (Kotgire) Group of Aurangabad, Pune and Kolkata on 21.01.2020. The Kotgire Group is headed by Shri Devanand Narayan Kotgire (DNK in short) of Aurangabad and the main concerns of the group are under the brand name of DISHA. The group is engaged in real estate activity